Wolverine Shares Jump on Solid Business Outlook…

Shares of Wolverine World Wide, Inc. jumped 21.5% last week to close at $25.00 on Friday after the company announced strong first quarter sales and earnings growth and then moved to upgrade guidance for the year on stronger backlogs and improving margins.

Mossimo Bid Sees New Challenges…

The saga of the future of Mossimo Inc. contnues. After a bid by founder Mossimo Gianulli to take the company private several months ago failed, the latest attempt to acquire MOSS is under challenge from two sides. Iconix Brand Group proposed to acquire M

Deckers Gets Settlement in Madden Suit…

Deckers Outdoor Corporation announced late Friday that it had settled its trademark trade dress infringement lawsuit against Steve Madden Ltd. DECK had filed the suit in the U.S. District Court in Los Angeles in January, alleging that Madden’s retail sto

Play It Again Parent Turns Q1 Sales Dip into Gain…

Play It Again Sports’ parent, Winmark Corporation, posted a 2.4% decrease in net revenue for the first quarter to $7.0 million from $7.1 million last year. Revenues from merchandise sales were $1.3 million, down 42.3% from the $2.2 million posted during t

Oakley Q1 Sales Increase 7%; Net Falls…

Oakley, Inc. increased its net sales during the first quarter by refocusing its energies on the optics category. However, returns and clearance in the electronics and footwear categories, along with the strengthening of the Dollar, caused the company’s ma

VF Corp. Ups Guidance on Denim Strength…

VF Corporation shares rose 10.9% last week to close at $62.16 on Friday after the company upped guidance based on stronger-than-anticipated results in the domestic jeanswear business and continued “very strong momentum” in the Outdoor Coalition. VFC now s

New Balance Gives Back with Playground Program…

Last Week marked the anniversary week in which Jim Davis acquired the New Balance business in 1972. As part of its Centennial Year, New Balance chose the anniversary week
to announce a program that will see the company invest in playgrounds in five New En

Report: CamelBak Debt Down…

Credit Investment News is reporting that second lien bank for CamelBak Products debt fell 20 points last week on word that the company is running into revenue growth issues, due primarily to a slowdown in military orders. CamelBak is a privately owned co

New Era Cap Gets in the Retail Game…

New Era Cap Co., Inc. will open its first flagship store in New York City. New Era: New York, which will be located at 9 E. 4th Street, in New York City’s Greenwich Village, is slated to open in May 2006 and will feature the entire line of New Era, from t

Converse Infringement Suit Back On…

The Fifth Circuit Court of Appeals panel agreed unanimously to reinstate a trademark infringement and dilution lawsuit filed in 2003 by six predominantly African-American fraternities and sororities. The suit was originally filed in a U.S. District Court

GBMI Picks Up 7 For All Mankind Footwear License

Global Brand Marketing Inc. entered an exclusive global licensing agreement with luxury denim brand 7 For All Mankind LLC for the creation of a complete collection of footwear for men, women, and children. Manufactured primarily in Italy, the footwear col

Wilson Named Official Sponsor of WTA Tour

The Sony Ericsson WTA Tour and Wilson Sporting Goods singed a three-year agreement naming Wilson an official partner of the Sony Ericsson WTA Tour. The sponsorship deal, which begins this year and runs through 2008, will allow Wilson to expand their pres